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and of the opposition. >> brown: then, we update the growing unrest in egypt where the islamist-dominated assembly fast-tracked a vote on a new constitution. >> suarez: we continue our conversations with newly-elected senators. tonight, arizona republican, jeff flake. >> >> we're at a point on the fiscal issues where we have to reach an agreement and perhaps as we do so that will start the stage for the other areas as well. >> brown: fred de sam lazaro has the story of a minnesota non- profit that celebrates diversity and the power of dance. >> they're one of the few companies that within their own work spans so many kinds of different style, from classical ballet to modern dance to contemporary performance to urban dance. >> suarez: and we look at college sports teams, moving from conference to conference, playing a game of musical chairs where the end goal is more money from lucrative tv contracts. >> brown: that's all ahead on tonight's "newshour." major funding for the pbs newshour has been provided by: ♪ ♪ moving our economy for 160 years. bnsf, the engine that connect
captioning sponsored by macneil/lehrer productions >> brown: president obama said today he believes a framework for a debt-cutting deal can be reached in the coming weeks. good evening, i'm jeffrey brown. >> warner: and i'm margaret warner. on the "newshour" tonight, we get the latest on the efforts to resolve the impasse over tax hikes and spending cuts. >> brown: then, we get two views of a palestinian bid for limited statehood, ahead of a key vote tomorrow at the united nations. >> warner: wonder why your bills are going up? paul solman examines "the fine print" with author and journalist david cay johnston. >> i'm not against corporations. i am in favor of rules that make you earn your profits in the competitive market. you don't get them through a government rule that lets the company reach in your wallet and take money. the kinds of profits that we're >> brown: after the election, what's next for immigration reform? ray suarez asks texas senator kay bailey hutchison and illinois representative luis gutierrez. >> warner: and on the "daily download," we look at how the obama adm
captioning sponsored by macneil/lehrer productions >> brown: with no compromise in sight for a deficit deal, president obama pressed his case at the home of a middle class family in virginia today, part of his pitch to extend tax cuts for all but the very wealthy. good evening, i'm jeffrey brown. >> woodruff: and i'm judy woodruff. on the "newshour" tonight, we update the state of the negotiations and examine the push to make changes to social security and medicare. >> brown: then, margaret warner looks at the political strife in egypt, after deadly clashes in the streets and resignations by top officials. >> woodruff: we have a battleground dispatch from a coastal city facing rising sea levels and the next big storm. >> if sandy were to come close or directly into norfolk i think we'd all be in big trouble. >> brown: we assess the latest diplomatic moves to end syria's war, as secretary of state hillary clinton meets with russia's foreign minister. >> woodruff: and ray suarez has the story of a program that aims to put students at low-achieving schools on a path to high
captioning sponsored by macneil/lehrer productions >> brown: internet and cell phone service was down today in syria and some traffic was halted at the airport in damascus as rebels battled government forces. good evening, i'm jeffrey brown. >> suarez: and i'm ray suarez. on the "newshour" tonight, margaret warner examines what the latest clashes tell us about the strength of the assad regime and of the opposition. >> brown: then, we update the growing unrest in egypt where the islamist-dominated assembly fast-tracked a vote on a new constitution. >> suarez: we continue our conversations with newly-elected senators. tonight, arizona republican, jeff flake. >> >> we're at a point on the fiscal issues where we have to reach an agreement and perhaps as we do so that will start the stage for the other areas as well. >> brown: fred de sam lazaro has the story of a minnesota non- profit that celebrates diversity and the power of dance. >> they're one of the few companies that within their own work spans so many kinds of different style, from classical ballet to modern danceo contem
>> brown: then, margaret warner looks at the political strife in egypt, after deadly clashes in the streets and resignations by top officials. >> woodruff: we have a battleground dispatch from a coastal city facing rising sea levels and the next big storm. >> if sandy were to come close or directly into norfolk i think we'd all be in big trouble. >> brown: we assess the latest diplomatic moves to end syria's war, as secretary of state hillary clinton meets with russia's foreign minister. >> woodruff: and ray suarez has the story of a program that aims to put students at low-achieving schools on a path to high school graduation. >> we're here to make things better. we're here to tutor kids. we're here to make sure that they stay on track. we are here to make sure that they graduate. we want to prepare them for high school. >> brown: that's all ahead on tonight's "newshour." major funding for the pbs newshour has been provided by: ♪ ♪ moving our economy for 160 years. bnsf, the engine that connects us. and by the alfred p. sloan foundation. supporting science, technology,
captioning sponsored by macneil/lehrer productions >> brown: president obama made a campaign-style trip to a toy factory in pennsylvania today, part of his push to sell his plan for higher taxes on the wealthy. good evening. i'm jeffrey brown. >> warner: and i'm margaret warner. on the newshour tonight, we update the searchor deal, even as house speaker john boehner declares the negotiations are "going nowhere." >> brown: then, we turn to another congressional battle. kwame holman reports on sparring in the senate over proposals to change rules blamed for partisan gridlock. >> majority democrats want to put limits on the phil buster, a tactic used to delay legislation but republicans say the tool is key to protecting their minority rights. >> warner: on the eve of world aids day, ray suarez updates the hopes and frustrations in the fight against the deadly disease. >> brown: mark shields and david brooks analyze the weeks news. >> warner: and is the grand canyon 60 million years older than we've long thought? we ask science correspondent miles o'brien. >> brown: that's all ah
even as house speaker john boehner declares the negotiations are "going nowhere." >> brown: then, we turn to another congressional battle. kwame holman reports on sparring in the senate over proposals to change rules blamed for partisan gridlock. >> majority democrats want to put limits on the phil buster, a tactic used to delay legislation but republicans say the tool is key to protecting their minority rights. >> warner: on the eve of world aids day, ray suarez updates the hopes and frustrations in the fight against the deadly disease. >> brown: mark shields and david brooks analyze the weeks news. >> warner: and is the grand canyon 60 million years older than we've long thought? we ask science correspondent miles o'brien. >> brown: that's all ahead on tonight's newshour. >> major funding for the pbs newshour has been provided by: >> and by bnsf railway. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >>
to turkey, as fears grow that syrian chemical weapons could cross the border. >> woodruff: jeffrey brown talks to mcclatchy newspapers' egypt correspondent nancy youssef about the massive antigovernment protests in cairo today. >> ifill: we continue our series of conversations about the fiscal cliff. tonight we hear from economist paul krugman. >> i don't think there's going to be much of a deal. i think there's going to be a kind of... there will be an outcome. >> woodruff: from haiti, fred de sam lazaro reports on the efforts to stem a deadly cholera epidemic that began after the 2010 earthquake. >> ifill: and ray suarez talks to author and journalist tom ricks about what he describes as the decline of american military leadership. >> today nobody gets credit for anything and mediocrity is accepted as a core value in the performance of generals. >> ifill: that's all ahead on tonight's newshour. major funding for the pbs newshour has been provided by: moving our economy for 160 years. bnsf, the engine that connects us. >> and by the bill and melinda gates foundation. dedicated to the id
. >>> the brother of former d.c. council chairman kwame brown has been charged with bank fraud, the same charge that led kwame brown to resign his council seat earlier this year. according to the charging documents, che brown made false claims about his income on a mortgage loan application back in 2010. his lawyer says brown plans to plead guilty. che brown also pleaded guilty to a similar charge back in 1995. >>> one of the world's biggest banks announced today it will cut jobs and close some branches. citigroup plans to lay off about 11,000 workers worldwide. most of those cuts will be in consumer banking. about 80 branches around the world are closing. more than half of them in the united states. and that includes a citibank in manassas and glen burne. citigroup's stock went up after this announcement. executives say the cuts will help them save about $1 billion a year. >>> warm around here it seems for quite some time. but that now is about to change. veronica, is that right? >> that's right. it was all from this morning's cold front. there it is, moving through. we sure didn't get much ra
. good to be with you. i'm terrell brown. it did not take long for the white house to dismiss the republican counteroffer, the proposal to avoid the so called fiscal cliff. it is a $2.2 trillion offer that does not raise the tax rate on the wealthiest americans and that has become the central issue of the negotiations. the white house says republicans still are not ready to get serious. susan mcginnis is in washington with the back and forth details. susan, good morning to you. >> reporter: good morning, terrell. gop leaders here on capitol hill sent their plan to the white house in this letter on monday, and now that both initial offers are out there, both sides say it's time to get serious. governors from six states are headed here to washington today to tell president obama their thoughts on the fiscal cliff. the bipartisan group says both sides need to work together to avoid the tax increases and spending cuts due to kick in at the end of the year. >> no one's going to get what they want, but as a country to move forward, we've got to figure out who gives where, and if eve
morning. good to be with you. i'm terrell brown. and a little more than a month the u.s. economy could experience a severe shock. that is if leaders in washington can't come up with a budget deal. scares of automatic spending cuts and tax increases could take effect january 1st. democrats moved by president obama and congressional republicans signaled they are willing to compromise on changing tax rates and spending reductions but the negotiations are moving very, very slowly. susan mcginnis is in washington with the latest. susan, good morning to you. >> reporter: good morning. the president is sending his top two negotiators to talk with lawmakers today about possible spending cuts. he's also getting ready to take his fiscal cliff message on the road. he'll try to convince the american people the best way to avoid the fiscal cliff is to extend the bush era tax cuts for the middle class. >> it's too important for washington to screw this up. >> reporter: president obama is putting pressure on congressional republicans and he's enlisting middle class americans in getting the gop to tak
at the knees. a bipartisan report warns governor jerry brown to step in. the head of it is here to explain why. i feel like he is not going to. we'll see. "piles of money" coming up. jerry brown is not going to step in. ♪ . ♪ male announcer ] how could a luminous protein in jellyfish, impact life expectancy in the u.s., re estate in hong kong, and the optics industry in germany? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason er 75% of our mutual funds eat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to ad and consider carefuy before investing. ♪ . melissa: well it is definitely appropriate it say concerns over the fiscal cliff have hit a fever pitch but believe it or not doctors could be facing the worst of it. they could be hit by a 29% in medicare reimbursements on january 1st. that is only part of the problem. another part how this turns around and hits you and your wallet. joining me to dissect the impact is dr. m
"oming up. jerry brown is not going to step in. ♪ . ♪ . messa: well it is definitely appropriate it say concerns overthe scal clififf have hit a fever pitch but believe it or not doctors could be facing the worst of it. they could be hit by a 29% in medicare reimbsements on january 1st. that is only part of the problem. another part how this turns aroundnd hits you and your wallet. joining me to dissect the impacts dr. marc sgel fr the fox new medical a-team. great to have you back on the show. >> good to be back with you. melissa: let's get right to it. i love the numbers. let's break it down. doctors face a 27% cut papay for medicare patients as part of t formula. >> that is called the sustained growth rat some genius in 1997 when they put together the bance the budget act, hey, doctors should be penalized if the amount of tests order is grear than the growth of the economy. basically if an mri is very expensive, i have to order it, i get penalid forfeit is more expensive than it shoulde. that doe make any sense. doctors are supposed to order test on patient need, medical necessity, w
but have doc brown and marty mcfly been forced to go from time travelers new york city cab drivers? melissa: when you can't grab a taxi, should you fill up on ethanol? could your car be at risk? melissa: time for stocks now as we do every 15 minutes. let's head to the floor of the new york stock exchange. our own nicole petallides is standing by. and, nicole, a little m&a action in the mining world today. >> really there is a lot of action in the mining world. we'll take a close look at freeport-mcmoran, a big deal underway here. what is interesting when you have mergers and acquisition particularly in energy this is something that brings positive sentiment to wall street. let's look at freeport-mcmoran. also taking a look at other names that are involved, right? you're looking at, see how they are faring. plains exploration is up 25%. mcmoran exploration up 82%. freeport-mcmoran is buying both of those together. this is $9 billion. this is about oil and gas producers and it will create a natural resources conglomerate. this is a huge, huge move. freeport-mcmoran is a name we always took to
before, this is loosesy and charlie brown, the football is going to be pulled out and land on their tuckus, and then they're going to pass a little thing, you know, to move it down six months. >> and using those technical terms. and jonas, pushing back the deadlines, what does it mean to the economy? especially if we don't know in it will be a deal in a month or a deal to do a deal in another year? >> there's absolutely no good at this point in pushing along the current system and waiting to fix it later. yeah, no one wants higher taxes, but we're not in a deep reception right now. we absolutely are going to die if things start to change and in fact, the underlying real problem, the growing deficit on the path to greece, the goal gets worse once we kick the can away. that will be the overriding probleming not the slowing economy not people spending money, but sure, that might not happen in the first two months, but it will eventually happen if we keep kicking down the can. we want to prove to the world that we have a solution and if it takes a few months to get there and hi
if he is named. we hear scott brown may be looking for work. >>> well, turning now to more serious news overseas, with the growing concern, the syrian government came resort to using chemical weapon, turkey is building up its defenses along its southern border. nato has agreed to deploy patriot missile systems to as many as 10 potential sites making a point of stressing the defensive nature of the weapons shipment. nato and the u.s. have warned assad that any use of chemical weapons will be met with an immediate international response. >>> egyptian president morsi has returned to the presidential palace this morning after being forced out last night by angry mobs. riot police fired tear gas at crowds topping 100,000 people who overran barricades at the palace and cairo. demonstrators are an or morsmor constitution saying it contains limits on individual liberty and puts too much power in the hands of the president. his administration says the constitution establishes democracy. protesters also took to tahrir square and nearly a dozen newspapers stopped publication to protest the new con
are calling him. tom price, paul brown, a lot of congressmen, former secretary of state. >> paul brown. >> paul brown, he's thinking about it. he told me he's not ruling it out, chuck. >> that will be entertaining. >> okay. thank you. >> paul brown. >> dr. paul brown. thank you so much, bob. thank you, chuck. greatly appreciate it. >>> coming up next, we're going to be revealing the cover of "time" magazine with rick stengel when we return. [ male announcer ] there are plenty of reasons to be jolly at the chevy year-end event because chevy's giving more. more efficiency with sonic and cruze... more function in equinox and traverse... more dependability with the legendary silverado... and more style in the all-new malibu. chevy's giving more at the year-end event because 'tis the season. chevy's giving more. this holiday season, get a 2013 cruze ls for around $169 per month or get $500 holiday bonus cash. we create easy to use, powerful trading tools for all. look at these streaming charts! they're totally customizable and they let you visualize what might happen next. that's genius! st
stage. we turn to a guy who knows a thing or two about your red steve brown. >> yes, some days are better than others. we are at this brewery in chicago. so many in the city are saying array for beer. chicago. >> we try to drink a lot of beer. the beer drinker is becoming more educated and diverse. reporter: there is a lot more of a craft brewing boom. >> people in the midwest are grounded in that way. reporter: tony mcgee is the founder and ceo of a brewing company, is transferring this into a large remaking operation. >> this will serve people all the way from denver to key west. reporter: another new brewery, dry hop, also plans the same thing. >> it has absolutely been exploding. boater so much so, getting a complete count is tough. we have identified 46 craft breweries open or planning to open by next year, and that is just now. >> i've expected to double in chicago. possibly triple. reporter: part of the brewing culture is north america's oldest brewing school. 144 years old. it outlived both the great chicago fire and television, which was repealed 79 years ago. today. j
of the united states senate and get rid of scott brown. 1-866-55-press. >> eliot: still to come, filmmaker josh fox on his latest short, occupy sandy, an account of selfless hurricane relief and those who provided it. but first rick santelli and bill o'reilly are angry and very angry. when it doesn't fit anywhere else, we put it in the viewfinder. >> ladies and gentlemen the fiscal cliff. [ ♪ music ♪ ] >> it's my point rick. >> go to charlotte and say fairness, and then they run to try to beat the tax man which is-- >> i think he's doing his job. >> shame on them. >> no, he's doing his job. >> i don't want to talk about it any more. >> he's gone. >> no, fox news, you guys are too angry. >> i'm not angry governor. i'm a happy guy. i want our traditions to be respected. that's all. >> well, merry christmas. [ ♪ music ♪ ] >> do not attempt to adjust your tv settings or smack the dvr. yes, that is a shetland pony, and a zebra taking a wednesday morning trot down staten island's victory boulevard. >> that is so cool. wouldn't you just want to hop out of the boat on top. >> didn't "moby
crust stuffed with a gooey center toasted up all golden brown then given a delicious design? a toaster strudel. pillsbury toaster strudel. so delicious...so fun. [ female announcer ] go from zero to pizza in just 60 seconds with totino's pizza rolls and grab a bite of snack-defying, satisfying... because pizza...never...misses. it's on. let's roll. i am making crescent bacon cheddar pinwheels. wow, i'm impressed! [ ding ] dad, the cable's out! you got that right? [ kiss ] thank you ♪ [ male announcer ] pillsbury crescents. let the making begin. here's a better idea. pillsbury grands! flaky layers biscuits in just 15 minutes the light delicate layers add a layer of warmth to your next dinner. pillsbury grands biscuits let the making begin. . >>> tiger woods started his world challenge event in 1999 to support his charity foundation. this year, woods had to put in $4 million of his own money to cover operating costs, but tiger still says he will donate his winnings from this 18-man tournament. every one and everything had to deal with the light drizzle at southern california 's sherrwo
of that blatant. >> michael brown, you're a good guy. we're friends. it's the race card. do you know any republican that wants to drag us all the way back to jim crow laws? do you know anybody that supports in a? >> well, i don't know if i will be able to name anyone that supports that, but i think. >think. >> sean: so it's a lie. >> i don't think it's a lie. >> sean: it's not a lie. they want to drag us back to jim crow laws? >> some folks make the argument that the republican party does want to turn the clock back. >> sean: who? who wants to do that? >> in the first part of my statement, i said i can't give you a name. there's a perception that your party wants to turn the clock back. you have problems within particular communities relative to the vote. there's a reason for that. >> it's you hav not just race. it's also women. women clearly believe you want to turn them the clocks back. pardon me? >> we want to drag them back to the 1950s, too, according to debbie wasserman schulz. >> and according to the voters. >> the reason debbie wasserman schulz was reappointed was not because she
brown who's still pretty popular there. >> he is popular. that's a great point. i know he was just defeated, but he is a formidable political talent. i honestly have no idea if that's playing a role in these deliberations. clearly john kerry is qualified to be the secretary of state as well. my best guess is it's exactly what ari was saying which is the president is asking who is most in sync with my foreign policy? ambassador rice is someone who helped form late the obama foreign policy. i think senator kerry would too. democrats are now in a position where we have an embarrassment of riches. i really hope they don't start worrying about this or that political matter. in democrats can't win elections in massachusetts, there's something fundamentally wrong with what we're doing. >> he did win the last time, scott brown. not this time but the time before he won in massachusetts. we got to leave it there. paul, ari, guys thank you. the search is now on the for the country's latest multimillionaire. in the next hour we'll have the latest on where the winning tickets in the power ballo
her join the ranks of the united states senate and get rid of scott brown. 1-866-55-press. >> eliot: can the senate be saved from itself? first, conan o'brien on obama newest appointment and the west place to go on location. then doesn't fit anywhere else, we put it in the viewfinder. >>> the fbi says demand for new firearms was so high on black friday, it had a little trouble keeping up with all of the background checks required. anna is live from randolph, new jersey with more on that story. [ gunfire ] >> good morning. [ gunfire ] >> seriously, mitt romney is going to meet president obama at the white house and after three weeks of dealing with the benghazi scandal and the fiscal cliff, obama is prepared to offer romney a position in the administration, president of the united states. [ laughter ] >> you've been warned, harry reid! take away mitch mcconnell's filibuster and he will strike back! by obstructing everything you do! or let him keep the filibuster so he can obstruct everything you do! [
brown expected to run for it and about as strong a republican as you can get in the state of massachusetts. >> molly ball, thank you so much. lynn sweet, one of my favorite ladies. lynn, i did not get to ask you about your jesse jackson, but i would encourage folks to read on what you wrote over gesjesse jackson jr. over the past week or so. some very insightful reporting. >>> 31 days out to the fiscal cliff. we will go live to see what the president is saying to house leaders and whether that will keep us any further away from the edge. >>> also, how did the president capture the latino vote? was it as simple as embracing immigration reform or was it something else? we'll talk about that, as well. you're watching msnbc, the place for politics. ♪ ♪ [ male announcer ] everyone deserves the gift of all day pain relief. this season, discover aleve. all day pain relief with just two pills.
and couldn't remember what had happened the day before or at least before the game. steve brown is on fox top story. is he live in our midwest bureau tonight. what sort of signs of trouble before this shooting? anything? >> about the allegations that belcher had had head trauma or concussions, both the team and the league said there is no concussion history that they have on this man. and that he was never held out of a game because of a concussion. about the relationship between belcher and perkins, fox 4 our affiliate in kansas city spoke with friends and said saturday morning there was an argument and over her late return from a concert. and then the shots were fired. it really didn't make any sense to belcher's family. his aunt lives in the kansas city area. she read this statement for cameras today: we will cherish the wonderful memories we of have of javon and pray that those memories bring us peace as we grapple to understand the unpredictable end of his life and the life of cassandra perkins. back on long island west babylon where belcher was from. makeshift memorial to figure out ho
the football from charlie brown. the president is now asking for twice the amount of increase in taxes that he campaigned on. really, the proposal that tim geithner brought to capitol hill is one that i believe the democrats one-point even support if put to a voight. the increase in taxes in over $200,000 of income, the incredible increase in change to the death tax, wanting to have a new credit card with no credit limit to the president so he can additionally just borrow and spend and tax? you go through all of these things. it really never deals with the fumblefundamental problem in our country which is the spending. our problem is not that we're taxed too little, we just continue to spend too much. >> he is asking that the debt ceiling that he has sole control over and how much the debt ceiling can be raised without having to get permission from capitol hill. i mean, those two things he had to know were going to be non-starters with the republicans and maybe with some democrats, so i mean, maybe you're right that he deliberately is trying to move the goal posts so that there is no deal that
't expect to hear anything about relationship with chris brown in it. >> trying to be the next heidi klum, fashion/reality show. >> from a music perspective. >> right. >> she has been very fashionable. >> she looks good in anything. ain't that right, willis? >> that's right. >> willis' baby. we have to fight over her, willis. >>> also, grammy nominations came out yesterday. run through these quickly, most nominated -- kanye west, jay-z, frank ocean, dan aurbach, mumford and suns, and the huge hit "we are young." now in terms of album of the year nominations, el camino, the black keys, some nights by fun, i should know that, i don't, mumford and suns. channel orange, frank ocean, and blunderbuss, jack white. best new artists, alabama shakes, fun, hunter hayes, lumineers, and frank ocean. congratulations to all of the guys. grammys coming up in a few weeks. >> i recognized about two of them. >>> so angelina jolie, believe it or not, she's telling a britain news station, that she is considering retirement. listen to this quote -- i enjoyed being an actress, so grateful for the job, had great
and sugar that bakes and browns like sugar, with 75% fewer calories per serving. from nature, for sweetness. friday morning commute... wh minor flooding right now, in many parts of the bay area. a short time >>> good morning. it's 7:56. i'm michelle griego. well, it's a soggy friday morning commute with minor flooding now in many parts of the bay area. here's video from just a short time ago in sonoma county. this is along presley road near rohnert park. palomares road is closed in alameda county because of a rockslide. >>> longer than normal flight days in and out of sfo. up to three hours in some cases. but at this time passengers at san jose and oakland no delays reported at those airports. >>> stay with us, traffic and weather in just a moment. speed. you know, in my day you couldn't just start streaming six ways to sunday. you'd get knocked off. and sometim took a minute to download a song. that's sixty seconds, for crying out loud. we know how long a minute is! sitting, waiting for an album to download. i still have back problems. you're only 14 and a half. he doesn't have back proble
the nice brown glow when you're baking something. everyone thinks it's addictive. the question here being raised in global affairs is -- by the way, this study was done in the united states and california and oxford. so in england, so it reached across and looked at a cross section of different societies. looked at countries around the world, 43 countries. 20% increase in diabetes in countries that were very high in high fructose corn syrup. some countries don't use that at all. other countries like the united states, it's huge. we use it in sodapop, practically everything. the concern here, is that the reason we have such a high rate of diabetes? >> heather: how can they attribute that solely to the increased use of fructose? >> that's the million dollars question, 'cause critics are saying, wait a minute. you didn't prove anything. malaysia has a higher rate of diabetes than the united states and doesn't use the stuff at all. i'm glad we're bringing this up because the question is, are these chemicals me tabbized differently? what does your body do when it sees fructose? does it use the
's. costco. brown foreman and carnival, also moody's saying look it, we're giving you a credit negative warning. you're borrowing money to pay out these special dividends. melissa: crazy. >> sounds like a great idea because of tax hikes are coming on dividends. the issue, a lot of companies have insiders who own a lot of shares in the company. look at costco. the ceo there is saving about, i think billion $4 million. he will get $14 million personally in dividends, accelerated into this year in advance of the gas hike. the issue with this gentleman, he has been out there, saying americans have to pay their fair share. all about tax fairness. banging the drum about that. board members are banging the drum. charlie monger is on the board of costco saying i'm for a vat. bill gates's father is for raising estate taxes. the father sits on the board of costco. the thing is, 1% shouldn't be clamoring about tax hikes when they're getting special dividends accelerated into this year. melissa: they're gaming it. >> that's right. the other issue writing yourself a special dividend check before tax
, and i really think now with the current administration, scott brown losing his seat to elizabeth warren, i think the rest of the regulation is not favorable. you know, i just see a lot of head winds. we're avoiding financials all together. cheryl: she's been appointed to senate banking. good time for banks and those companies overall. >> perfect. cheryl: you're not a big technology investor, but, at the same time, there's been such a weird movement in apple. many saying apple is selling off, people dumping out of the dividend tax issue, but you stick with apple. are the concerns overblown, too worried about the dividends? >> you know, i like apple. if you take the lowest estimates @% the street now for apple next year, the stock's trading a little bit over 13 times next year's earnings. with the tax increases next year, listen l is the biggest beginner for people. it's about profit taking. analysts today thought apple could drop 50 #% to 70% in the next couple years which i think is crazy and had nothing to support that. if you have not owned apple, i think this is a great opportunity t
stuffed with a gooey center toasted up all golden brown then given a delicious design? a toaster strudel. pillsbury toaster strudel. so delicious...so fun. >>> still to come on "today," only kate middleton could pull this off, playing field hockey while still looking as elegant as ever. >>> then, welcome to the gun show. that's just creepy looking. they're the size of some men's waists. talk about the options on the... table and what they mean for you and your family. ancr: aarp is cutting through all the political spin. because for our 37 million members, only one word counts. get the facts at earnedasay.org. let's keep medicare... and social security strong for generations to come. ♪ [ female announcer ] just for these hectic holidays, mccafé brings you rich peppermint mocha and peppermint hot chocolate. the simple joy of unwinding. i made the clear choice. i'm getting claritin clear with claritin-d. nasal congestion keep me away ? not since i made the clear choice. non-drowsy claritin-d. decongestant products on the shelf can take hours to start working. claritin-d starts to work i
right now. the cycle of protests, the an anti-government anger. we're joined now by fooud brown. >> even as the international community obviously applauded egypt's efforts in bringing about the cease-fire in gaza, there is concern and anxiety about what's happening there. >> so are we on the verge of another revolution in egypt? >> you know, wolf, it's very interesting. now, we know that president morsi has a ph.d from the university of southern california in structural engineering. we know that he may be a very good engineer, but he sure is a very poor politician. you get elected with 57% of the vote, now you have a polarized, divided country, and then you impose these emergency powers on november 22nd. and listen to this. figure this out. on november 22nd, he grants the constitution assembly that's drafting the constitution two more months, and lo and behold, a week later, on november 29, this constitutional assembly, without women, without secularists, without cops, gives the country a new constitution. it's not a very brilliant democratic game to play. >> so what do you see unfolding
. this happens to be -- i love this purple and kind of brown and green or whatever it is. >> very nice. >> bill: and rayon chenille scarves hand woven by carol press, the talented member of the family. go to billpressshow.com if you're interested in maybe picking up one. she has lots of different designs. photos up there dan has posted. lots to choose from but time is running out. so today's your last day to get your order in for this holiday season. >> the colors are accurately described on the web site unlike how you just said i don't know what color this is. >> bill: it is purple and -- >> green and some -- >> bill: a nice mix. >> patterns. >> bill: good for man or woman. >> absolutely. >> bill: billpressshow.com follow the link to carol's scarves. it is easy. she's standing by, probably up at this hour to make sure i'm wearing one. we'll get back to your calls about the fiscal cliff and whether -- we told president obama is still the best way to go. remember there's some risk here. the risk is if we do go
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